Cashless society is one unique sign of d end of time
.

Asking this kind of question in the 1st instance is an indication that churches are seen/known to be a money making venture.

Christainity of today is quite different from what Jesus (peace be upon him) preached.
Why not whorship one and only one God and stop making money from pple?
pple thinkkkkkkkkkk,

stagger:

OP,

Did the churches tell you they cannot open their own banks like the Vatican?

Who made you a financial consultant? This is how some of you set yourself up for spiritual slaps by poking your nose into what does not concern you.

and so if the churches opened their own banks they would not be subject to the cbn rule? as for the slap as long as it stays spiritual and doesn't turn physical i don't think also that you should be poking yoir nose as well. thanks for your concern.

the issue is that these 100, 200, 500, 1000 cash offerings that might not seem much build up. and spliting it is not really an option as most churches have daily service!

Change is d only constant thing in. Life. Every institution affected will sought themselves out.

Seun, chief anti~church and number one opposition for christian. the more u and ur fellow anti~christ keep bring up topics against the church, the more the christian grows and flourish.

There was a time when tithes were goats, sheep and farm produce, but it is now paper money and very soon it will be virtual money. In all these, the church has evolved and will continue to evolve with the society.

Navi:

Cashless society is one unique sign of d end of time
.

The end time is fast approaching.

Story

congregations will draw cheques for all their donations in the church. Infact many people have been doing it especially when paying the tithe, myself inclusive.
So no Hazzle at all.

Direct debit na!
As your salary dey enter your account, 10% automatically transfers to church account. Another 20% in the form of holy ghost seed, building fund, passover offering, special anointing seed, breakthrough offering etc etc to be transferred shortly afterwards.
You no go fit fall pastor hand if 9ja goes cashless. they are on top of their game

They are way ahead of the game now. . .  With money transfer now being done with mobile phones. . .


This is what offering time would sound like. .


PASTOR: Offering time?!!!!

Congregation: Blessing Time!!

Pastor ; Ladies and gentlemen, lets bring out our phones and give unto the lord. Remember just "Text in the amount you want to give unto god and send it to 666 and you shall be blessed in Jesus name!!

Congregation: AMEN!!

Pastor: Each text costs 200 Naira and is open 24/7. . Remember, if you try once and it dosent go through, keep trying until it works. .   . Praise the lord. .

Congregation: Alleluya!!!!    

Pastors will simply PROTEST !! u wan pour sand inside their garri abi??

Okija_juju:

They are way ahead of the game now. . . With money transfer now being done with mobile phones. . .


This is what offering time would sound like. .


PASTOR: Offering time?!!!!

Congregation: Blessing Time!!

Pastor ; Ladies and gentlemen, lets bring out our phones and give unto the lord. Remember just "Text in the amount you want to give unto god and send it to 666 and you shall be blessed in Jesus name!!

Congregation: AMEN!!

Pastor: Each text costs 200 Naira and is open 24/7. . Remember, if you try once and it dosent go through, keep trying until it works. . . Praise the lord. .

Congregation: Alleluya!!!!

You people no go kill me ooo. Abeg I dey work, my boss go catch me as I dey laugh ooo

They are already complying as you can now donate using a debit card.

They're already using ATM machines in Christ Embassy. It's stationed inside the church.

For corporate org, the limit is a million naira. am sure they will have to encourage offering and tithes in cheques. abi church wan dey use POS?

if there's goin to be a cashless society its goin to affect all organisations why are u guys taking churches personal

Most of the responses here funnily shows ignorance on rampage!
Now, let me try and explain some basic things about the CBN's Cash-light policy and how it affects the Church, and everybody else.

*Owing to the huge cost of cash handling by Deposit Money Banks in the country,
CBN decided to drive people towards alternative eChannels to save the huge cost.
*Secondly, the current structure in place makes it possible for politicians to withdraw like a billion bucks
from a bank, share it into 100mil cash to 10 people and everybody disappears without a trace
*Knowing that Nigerians will naturally not comply with the policy with ease, going by our ingrained
cash and carry mentality she decided to have a max cash transaction limits for both private and corporate accounts
*A private/individual account can only do a max cumulative cash transaction of 150k,
anything on top of that, the bank will charge you 100bucks per thousand.
*A corporate account can only do a max cash transaction of 1mil, anything on top of
that, you will be charged 200bucks per thousand.
*The policy will not debar you from overshooting the limit, but the charges will, especially
if the money is actually well earned and not a loot
*Imagine a church, as a corporate org., going to pay in 2mil cash to the bank in a day, while
1mil will go in freely, the next 1mil will be surcharged 200bucks/thousand, amounting to 400k,
then add another 5% of the 400k as VAT, that makes 500k charges in all.

Now, for people talking about installing ATMs inside the church, that's even the most counter productive measure,
in fact, i expect the ones that have it in their premises before now to start calling for decommissioning soon,
because the idea is to not handle cash at all, but to allow all funds go into the account electronically.
I can tell you as a matter of fact, that church managements have been calling banks for presentations to
adopt the various cashless eChannels; PoS terminals, web payment, and the soon coming mobile
money and NFC (Near field communications) transactions.
Also, deployment of PoS terminals too has been going on in some churches as we write!

What churches can do in the mean time, once the charges start applying by this month end in Lagos,
is to encourage members to use cheques for at least all payments up to 5k, which will include Tithes,
building vows, special seeds and the rest of givings.
Then normal offerings which are usually lesser in value can be collected in cash and deposited to the bank.

you can pay for your salvation on several merchants (i meant church) websites now.

cecegorz:

Most of the responses here funnily shows ignorance on rampage!
Now, let me try and explain some basic things about the CBN's Cash-light policy and how it affects the Church, and everybody else.

*Owing to the huge cost of cash handling by Deposit Money Banks in the country,
CBN decided to drive people towards alternative eChannels to save the huge cost.
*Secondly, the current structure in place makes it possible for politicians to withdraw like a billion bucks
from a bank, share it into 100mil cash to 10 people and everybody disappears without a trace
*Knowing that Nigerians will naturally not comply with the policy with ease, going by our ingrained
cash and carry mentality she decided to have a max cash transaction limits for both private and corporate accounts
*A private/individual account can only do a max cumulative cash transaction of 150k,
anything on top of that, the bank will charge you 100bucks per thousand.
*A corporate account can only do a max cash transaction of 1mil, anything on top of
that, you will be charged 200bucks per thousand.
*The policy will not debar you from overshooting the limit, but the charges will, especially
if the money is actually well earned and not a loot
*Imagine a church, as a corporate org., going to pay in 2mil cash to the bank in a day, while
1mil will go in freely, the next 1mil will be surcharged 200bucks/thousand, amounting to 400k,
then add another 5% of the 400k as VAT, that makes 500k charges in all.

Now, for people talking about installing ATMs inside the church, that's even the most counter productive measure,
in fact, i expect the ones that have it in their premises before now to start calling for decommissioning soon,
because the idea is to not handle cash at all, but to allow all funds go into the account electronically.
I can tell you as a matter of fact, that church managements have been calling banks for presentations to
adopt the various cashless eChannels; PoS terminals, web payment, and the soon coming mobile
money and NFC (Near field communications) transactions.
Also, deployment of PoS terminals too has been going on in some churches as we write!

What churches can do in the mean time, once the charges start applying by this month end in Lagos,
is to encourage members to use cheques for at least all payments up to 5k, which will include Tithes,
building vows, special seeds and the rest of givings.
Then normal offerings which are usually lesser in value can be collected in cash and deposited to the bank.

Well explained!

Nymph node:

New game for the retired Yahoo boyz. Go born again and own an LCC( apologies) and you're gonna be TITHED AND OFFRED. Remember to register your account with GTB though.

, befor nko, who are the present day pastors??

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very easy,

^^^
Good thinking with that App.
Is that a domestic stuff?
Your company did it? We can talk?

Errm,  Just searched BB Appworld, it doesn't show up.

@OP Falana gbo ti e . Mind your own business. Since you are jobless how will you cope with cashless society. ? People no go fit give you dash anymore na.

@poster

I heard that SimplePay just created an app specifically designed to facilitate giving via mobile in church. www.simplepay4u.com

https://simplepay4u.com now has a specific app for instant payments to churches called SimpleGiving. You just need to create a SimplePay account and get your church to sign up for one as well. Fast and easy. Just click one button. You can pick which fund it goes to, how much, etc. You can repeat frequent transactions with the push of a button. simplepay4u

App is up on Google Play as of yesterday: https://play.google.com/store/apps/details?id=com.hm.simplegiving&hl=en